By Brian M. Reiser Singles – I am one myself – may be notorious for having their hearts broken. But on Alibaba’s 2019 Singles Day event, hearts aren’t the only thing being broken. Sales records are too and shareholders should take notice.
As the 24-hour sales event that eclipsed both Black Friday and Cyber Monday in 2018 continues to roll out, the e-commerce giant broke its own record by generating over $38 billion in sales. This, despite a slowing Chinese economy and a continuing trade war with the United States.
An E-commerce Day to Celebrate Singles
Singles Day, which is held on November eleventh (11/11) because the …read more
